Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

Next week

I'm not so certain that layoffs are done. It feels more like the management needed a day or two to see how things are looking before continuing. In addition, only limited areas were hit this time, and I doubt that is the final goal. I think we'll see... — read more 

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| 2920 views | | 7 replies (last October 30, 2022)
Post ID: @OP+1jrLq2Fd

Have you ever wondered?

With the size of the workforce at VZ, have you ever wondered if a few employees go unaccounted for? I read an article about an employee of a large company that existed on the payroll of a company for 37 years. This person was not accountable for... — read more 

No Rehire for those laid off?

Someone keeps posting that those who just got RIF’d will have a “Do Not Rehire” designation added to their files, can someone confirm if that is true for those involuntarily RIF’d? I know this was true for those who accepted VSP back in 2018-19. — read more 

Severance package?

Does anyone know if we can ask for more? Do we have the right to say this isn’t enough severance? I would like to suck more more from them as they have done to me for years?

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| 2500 views | | 8 replies (last October 31, 2022)
Post ID: @OP+1jqfT7sG

Is VZ a buyout target?

A lot of people are saying VZ could be targeted by hedge funds as a buyout who then break it up as the value of parts being greater than its mismanaged over leveraged whole. Personally, I don’t buy this since VZ long ago sold off all its real... — read more 

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| 2150 views | | 6 replies (last October 29, 2022)
Post ID: @OP+1jqRiHjR

Silly of me to care, but it's my brand

So I received the lay off package, so did my manager, my managers director, my SA, my overlay, my customers had no assigned support other than these people, it is digital assist remote customer support for my customers. So self and enitre team are... — read more 

Short Term Incentive

Now that the severance packages for those laid off on 10/27 have been sent out I've seen a few posters write that the STI portion of the agreement will be 67% and paid out at the normal time (March). In the past layoffs I remember this being 100%... — read more 

Verizon is on life support in 2023

I was one if thr unlucky ones this week. I was always one of the top performers in every NOC I worked in at Verizon. I seen a lot of other people let go that was at the top of their game. If Verizon ever gets their head out of their a-s and win some... — read more 

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| 2341 views | | 5 replies (last October 28, 2022)
Post ID: @OP+1jqeJFyX

Those laid off are the lucky ones

Those who get laid off with a severance are the lucky ones. Verizon is a sinking ship that has been led astray by poor management, bad decisions, and years of brain drain leaving the company a shell of its former self. Future changes will only make... — read more 

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| 1970 views | | 9 replies (last October 30, 2022)
Post ID: @OP+1jq7S4fZ

All yall laid off are invited the party.

Valhalla Culture would appreciate the party invite to folks laid off. We got food drinks and fun vibs. Remember $110 fun fun fun. Haters can stay uninvited

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| 1050 views | | 9 replies (last November 1, 2022)
Post ID: @OP+1jqZ33Jw

We'll be hiring again soon

I'm willing to bet that we'll be hiring for at least some of the positions that were cut within a month. This is about getting rid of older employees who earn more than those on top consider appropriate, everybody else is collateral damage. Once... — read more 

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| 1750 views | | 8 replies (last October 31, 2022)
Post ID: @OP+1jqWxlrk

Don't do the extra work!

For the love of everything sacred to you, don't pick up the work of your laid-off teammate/s. Just don't do it. Find a way to make yourself unavailable and always busy with your own work. If you do it, you'll end up saddled with more work for no pay... — read more 

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| 1350 views | | 5 replies (last October 30, 2022)
Post ID: @OP+1jqwX94I

Hmmm... Who assembled the list for those being cut?

So I am seeing many, many strong performers with excellent team dynamics getting canned while some of the most useless and unengaged people that I have ever seen being retained? Just curious, anyone know what criteria was used in the decision-making... — read more 

VZ up almost 5%

You guys wanted the stock to rise! All it took were some layoffs. I’m wondering if the Valhalla people have an opinion on this?

Curious

Are all the people rif'd leaving on 12/30/2022?

Come, Elon!

Come buy Vz and fire our execs. The BOD doesn't have that courage.

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| 970 views | | 3 replies (last October 28, 2022)
Post ID: @OP+1jq2hilf

Vz vs tmus and Att

This is how Pathetic we look next to Tmobile T-Mobile said it added 854,000 postpaid phone subscribers vs. estimates of 739,000. In the third quarter, AT&T (T) added 708,000 phone subscribers while Verizon Communications (VZ) added 8,000 on a... — read more 

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| 1471 views | | 5 replies (last October 28, 2022)
Post ID: @OP+1jqzJ0Cd

More lay offs = more outsourcing

The continued outsourcing to India and the Philippines by Verizon to save money (I doubt it saves that much) shows that vz has poor leadership. Had they made better decisions ($12 billion for tracfone recently) and economic adjustment charge for... — read more 

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| 1780 views | | 7 replies (last October 29, 2022)
Post ID: @OP+1jqnZDiC

VBG

What VBG groups were hit?

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| 2090 views | | 2 replies (last October 31, 2022)
Post ID: @OP+1jq6CATo

Get ready for a lot of offshore outsourcing

Lots of folks in IT got riffed and now a lot of people still there will get the joy of working with some sh---y offshore outsource folks. Very typical of companies to pull this type of idiocy. Fire people and outsource abroad, spend a few years with... — read more 

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| 2080 views | | 9 replies (last November 3, 2022)
Post ID: @OP+1jq4Z9hG

Federal Job Postings

Anyone looking for a job who was affected by the RIF today. Here is resource. Federal government is hiring... https://www.usajobs.gov/

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| 1150 views | | 1 reply (October 28, 2022)
Post ID: @OP+1jqeqWkn

I feel relieved but at the same time pi---d

I work in wireline and we just had this weird reorg that started this month that changed out our comp plans, reshuffled our teams, and cut our year end bonuses by 25%. Was soooo pi---d off to the point where I wanted to seek legal council for a... — read more 

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| 2240 views | | 3 replies (last October 28, 2022)
Post ID: @OP+1jqfVxfq

TMUS Earnings Call: Intentional, factual, logical!

At 4:30pm ET today I watched the live T-Mobile earnings call. It was a breath of fresh air to see how a US communications company should conduct themselves! I understood every one of their management teams' commentary - on point, fact based... — read more 

Come Back Lowell!

We need you back Lowell to stop all this woke BS and put the focus back where it belongs, on the core business

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| 1760 views | | 11 replies (last October 29, 2022)
Post ID: @OP+1jpSXhTB

Wheres the WARN notices?

I checked NJ, TX, CO, CA for WARN notices filed and theres none. How is VZ skating around that?

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| 2370 views | | 5 replies (last October 28, 2022)
Post ID: @OP+1jplNjCx

Anyone have news on Valhalla?

Considering how important they must I’m curious if the Valhalla Culture Club survived the exodus. I really want to go to this party and have my $110 ready.

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| 1750 views | | 8 replies (last October 28, 2022)
Post ID: @OP+1jpaYE0R

Horrible customer treatment

Submit a signal issue ticket and see how long it takes tech support to respond. I’ve been waiting over 2 months and multiple calls. Now they want customers to pay for wireless workshops. Force customers to use cumbersome touchless transactions so... — read more 

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| 1070 views | | 1 reply (October 27, 2022)
Post ID: @OP+1jp2Crla

It's come to a boiling point

Nothing surprising - they are cutting better employees than those who stay. I believe that for the few talented people who survive, this will be the breaking point for them to leave...

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| 2020 views | | 6 replies (last October 28, 2022)
Post ID: @OP+1jpb07nL

We knew these layoffs were coming

People have been talking about these layoffs for a while, long enough for everybody to be aware they were coming. I truly hope everybody took it seriously and nobody is unprepared for this situation. I don't want to sound callous, but if you have... — read more 

More secretive than ever

I find it interesting that these cuts are more secretive than ever. I'm not saying that they were too transparent before, but now somehow everything happens behind the scenes. Did you notice that too? Why so much secrecy which negatively affects... — read more 

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| 2990 views | | 6 replies (last October 28, 2022)
Post ID: @OP+1jpvsw4o

Severance details

Can anybody who has been laid off today please confirm if this is true? Severance is: 2 weeks pay for every year service (capped at 35 weeks) STI paid at 67% of target Stock Together paid on normal date in Spring 2023 All unused... — read more 

Please re-apply asap

For those of you impacted by the rif, be sure to re-apply for employment at Verizon if you want to stay on. You may not get the exact job you prefer but you can possibly remain on at VZ. Do this even if your last day is 12/31/2022. I had two good... — read more 

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